Oil prices pushed higher in early trade on Friday, building on gains in the previous session, after OPEC producers and allies promised to meet their supply cut commitments and two major oil traders said demand was recovering well.
Asian stocks were set for gains on Friday although trade was likely to be choppy after a mixed Wall Street session with investor focus swinging between concerns about a second pandemic wave and more upbeat hopes about an economic recovery.
German payments company Wirecard AG said on Friday it cannot be ruled out that the company has become the "aggrieved party" in a case of "fraud of considerable proportions".
U.S. President Donald Trump on Thursday renewed his threat to cut ties with China.
SoftBank Group Corp will invest US$2 million or more in 14 U.S. start-ups led by black founders and other underrepresented groups, the company said on Thursday, as part of its effort to fund more a more diverse array of entrepreneurs.
Palantir Technologies Inc on Thursday said that Japanese insurance holding company Sompo Holdings Inc is investing US$500 million in the Silicon Valley data analytics company, whose clients range from global banks to the U.S. government and the Central Intelligence Agency.
U.S. grocery retailer Albertsons Cos Inc said on Thursday it is targeting to raise up to US$1.51 billion in an initial public offering.
The World Trade Organisation has thrown out the final legal challenge to Australia's tobacco plain packaging laws. Now more countries across the world can implement this game-changing public health policy, says a University of Sydney researcher.
COVID-19 is still an immunological mystery. It is not clear which parts of the immune system are triggered by the virus for some people, nor why individuals react to it so differently, says an observer.
WASHINGTON, DC: The number of Americans filing for unemployment benefits fell last week, but the pace of decline has stalled amid a second wave of layoffs as companies battle weak demand and fractured supply chains, supporting views that the economy faces a long and difficult recovery from the ......
